<i>"Hi Austin
Thank you for the elaborate explanation. I think as a rookie, it may be best to stick with one chart (10k V) as I'll be able to focus on the basics better and won't be distracted by the 2nd chart. Also, like you said, there's no need to catch everything, wanting to catch every trade -> scarcity mentality -> distort reality -> bad trades. JW"</i>
Catch what is clearly signaled on your charts... and never fret over the rest. The ability to average 10pts, 20pts or whatever in a given month while gradually increasing trade size is how careers are built. Trying to raise the bar to infinity on net points captured per day is how careers are ruined.
I do think it's helpful to at least monitor a chart timeframe bigger than what we trade. That shows the forest view... key S/R zones, swing points, open gaps, etc. In my case I have two charts open of any symbol traded. 98% of my time and thought process is focused inside the actual trading chart. But that other 2% of the time uses the convenience of a bigger chart to see daily pivots, prior session ohlc and various S/R levels accordingly.
Having the general roadmap in one chart and then pertinent trade decision points uncluttered in a second chart is how I operate best. I could work strictly from one chart and nix the "roadmap" aspect... but it would mean more work. This profession is tough enough on its own. Whatever it takes to reach the most low-hanging fruit is useful.
fwiw, my preferred trade chart for all eminis is 500-tick to 620-tick settings. That is just about identical to a 10k-Volume chart in every aspect.
to each their own
